■ Construction of Photovoltaic Complex

• Period: 2009 ~ 2012 (4 years)
• Area: 990,000 ㎡ in three complexes
  (CheongjuㆍOchang, EumseongㆍJeungpyeong, Chungju)
• Project Cost: KRW 57 billion
  (KRW 45 billion in construction, KRW 12 billion in land purchase)
• Industry: Companies in the photovoltaic industry and other batteries industries

■ Environment

• A special zone for the photovoltaic industry in "Asia Solar Valley" will be designated
  - Production, distribution, and other relevant industries will be nurtured in Cheongju, Ochang, Jeungpyeong, Eumseong, and Chungju
• The largest infrastructure for photovoltaic components and materials production in Korea
  - The region accounts for 60% of Korea's cell and module production
• Favorable forward and backward effects in terms of industrial value chain
  - Cell: Hyundai Heavy Industries, KISCO, Shinsung ENG, A-one Tech
  - Module: Hyundai Heavy Industries, KyungDong Solar, Hae Sung Solar
  - System: DASS Tech, Techwin
• Excellent support infrastructure in the photovoltaic components and materials industry
  - Semiconductor companies: About 60 companies including Hynix Semiconductor, MagnaChip Semiconductor, Dongbu HiTek
  - Support institutions: Technopark (which operates three centers including Semiconductor Center), universities, industry-academia cooperation projects (RIC, BK21, NURI, etc.)
• High geographical accessibility qualifies the region as the hub of production and distribution

■ EnvironmentIncentives for Investment

• Administrative incentives
  - A Project Manager is designated; One-stop administrative service is provided
• Financial incentives
  - Tax reduction or exemption, cash subsidy, employment, education, and training subsidy, location support, etc.